ClarusCLAR
About: Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment, which includes Black Diamond Equipment and PIEPS, is a global leader in designing, manufacturing, and marketing innovative outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. The Adventure segment, which includes Rhino-Rack, MAXTRAX and TRED, is a manufacturer of highly-engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories in Australia and New Zealand and United States.
Employees: 500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
68% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 25
3% less capital invested
Capital invested by funds: $187M [Q1] → $182M (-$4.75M) [Q2]
1.73% less ownership
Funds ownership: 72.34% [Q1] → 70.61% (-1.73%) [Q2]
6% less funds holding
Funds holding: 101 [Q1] → 95 (-6) [Q2]
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
51% less call options, than puts
Call options by funds: $382K | Put options by funds: $779K
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
B. Riley Securities Anna Glaessgen 29% 1-year accuracy 2 / 7 met price target | 57%upside $7 | Buy Maintained | 5 Aug 2024 |
Roth MKM Matt Koranda 71% 1-year accuracy 20 / 28 met price target | 35%upside $6 | Neutral Downgraded | 2 Aug 2024 |